UFP Industries (UFPI) awards phantom stock units to its chief financial officer
Rhea-AI Filing Summary
COLE MICHAEL R reported acquisition or exercise transactions in this Form 4 filing.
UFP Industries reported that Chief Financial Officer Michael R. Cole received a grant of 16 phantom stock units on 2026-07-31 at a reference value of $86.74 per unit. The units, accrued under the Deferred Compensation Plan on a 1-for-1 basis with common stock, are payable in shares upon his death, disability, or retirement, bringing his direct phantom unit holdings to 32,602.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COLE MICHAEL R
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit F1, F2 | 16 | $86.74 | $1K |
Holdings After Transaction:
Phantom Stock Unit — 32,602 shares (Direct)
Footnotes (2)
- F1. 1 for 1
- F2. The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock until the reporting person's death, disability, or retirement.
Key Figures
Phantom stock units granted: 16.0000 units
Grant reference price: $86.7400 per unit
Total phantom stock units after grant: 32602.0000 units
+1 more
4 metrics
Phantom stock units granted
16.0000 units
Grant to CFO Michael R. Cole on 2026-07-31
Grant reference price
$86.7400 per unit
Value per phantom stock unit on the grant date
Total phantom stock units after grant
32602.0000 units
Direct phantom stock unit holdings following the transaction
Underlying common stock per unit
1 for 1
Each phantom stock unit corresponds to one share of common stock
Key Terms
Phantom Stock Unit, Deferred Compensation Plan, common stock
3 terms
Phantom Stock Unit financial
"Security title reported as Phantom Stock Unit in the transaction"
Deferred Compensation Plan financial
"accrued under the Companys Deferred Compensation Plan and are payable in shares"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
common stock financial
"payable in shares of the Companys common stock until death, disability, or retirement"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UFPI executive Michael R. Cole report?
Chief Financial Officer Michael R. Cole reported a grant of 16 phantom stock units on 2026-07-31. These units were accrued under UFP Industries Deferred Compensation Plan and are payable in shares of common stock upon his death, disability, or retirement.
How many phantom stock units were granted to the UFPI CFO and at what value?
Michael R. Cole received 16 phantom stock units with a reference value of $86.74 per unit. Each unit is accrued on a 1-for-1 basis with UFP Industries common stock under the companys Deferred Compensation Plan.
What is a phantom stock unit in the context of UFPIs Deferred Compensation Plan?
At UFP Industries, a phantom stock unit represents a deferred compensation right accrued on a 1-for-1 basis with common stock. Under the Deferred Compensation Plan, these units are payable in shares of common stock upon the executives death, disability, or retirement.
What are Michael R. Coles total phantom stock unit holdings after this UFPI transaction?
Following the grant, Michael R. Cole directly holds 32,602 phantom stock units. These units are tied to UFP Industries common stock on a 1-for-1 basis and will be settled in shares upon death, disability, or retirement under the Deferred Compensation Plan.
When will the UFPI phantom stock units granted to the CFO be paid out?
The phantom stock units accrued by Michael R. Cole are payable in shares of common stock under UFP Industries Deferred Compensation Plan. They become payable upon his death, disability, or retirement, rather than being immediately settled in cash or stock.